Body and Mind does not say why volume is up, but ...
BODY AND Mind Inc. has been requested by the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the recent increase in the trading volume and price of the company’s common shares on the Canadian Securities Exchange.
The company is not aware of any material change in its business or affairs that has not been disclosed and that would have contributed to the recent increase in trading activity.
The company has been actively pursuing opportunities with different parties over the past several months in the regular course of business. Due to a recent increase in interest from such parties, the company has established a special committee of directors to assist the company with the review of potential transactions. The committee comprises three directors of the company, of which two are independent. No definitive agreement has been entered into at this time and there can be no assurance that a transaction will be consummated.
About Body and Mind Inc.
Body and Mind is a publicly traded company investing in high-quality medical and recreational cannabis cultivation and production and retail. The company’s wholly owned Nevada subsidiary was awarded one of the first medical marijuana cultivation licences and holds cultivation and production licences. Body and Mind continues to expand operations in Nevada and Ohio and is constantly reviewing accretive expansion opportunities.
We seek Safe Harbor.
Leonard Michael Clough, Robert Hasman, Kevin C Hooks, Chris MacLeod, Dong Hyun Shim
(BAMM) Shares: 47,704,317